View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsCiech 過去の業績過去 基準チェック /46Ciechは、平均年間33.5%の収益成長を遂げていますが、 Chemicals業界の収益は、年間 減少しています。収益は、平均年間5.5% 11.8%収益成長率で 成長しています。 Ciechの自己資本利益率は14.4%であり、純利益率は6.6%です。主要情報33.46%収益成長率33.48%EPS成長率Chemicals 業界の成長32.56%収益成長率11.78%株主資本利益率14.44%ネット・マージン6.55%次回の業績アップデート30 Apr 2024最近の業績更新お知らせ • Jan 31+ 2 more updatesCiech S.A. to Report Q3, 2024 Results on Nov 15, 2024Ciech S.A. announced that they will report Q3, 2024 results on Nov 15, 2024お知らせ • Jan 20+ 3 more updatesCiech S.A. to Report Q3, 2023 Results on Nov 16, 2023Ciech S.A. announced that they will report Q3, 2023 results on Nov 16, 2023Reported Earnings • Nov 30Third quarter 2022 earnings released: EPS: zł1.62 (vs zł0.79 in 3Q 2021)Third quarter 2022 results: EPS: zł1.62 (up from zł0.79 in 3Q 2021). Revenue: zł1.41b (up 82% from 3Q 2021). Net income: zł85.3m (up 105% from 3Q 2021). Profit margin: 6.1% (up from 5.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Europe are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: zł0.85 (vs zł0.29 in 2Q 2021)Second quarter 2022 results: EPS: zł0.85 (up from zł0.29 in 2Q 2021). Revenue: zł1.24b (up 48% from 2Q 2021). Net income: zł44.9m (up 194% from 2Q 2021). Profit margin: 3.6% (up from 1.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.0%, compared to a 13% growth forecast for the Chemicals industry in Poland. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • May 20First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: zł1.98 (down from zł2.18 in 1Q 2021). Revenue: zł1.24b (up 44% from 1Q 2021). Net income: zł104.3m (down 9.0% from 1Q 2021). Profit margin: 8.4% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 9.0%, compared to a 17% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 31Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: zł5.55 (up from zł2.36 in FY 2020). Revenue: zł3.46b (up 16% from FY 2020). Net income: zł292.4m (up 135% from FY 2020). Profit margin: 8.5% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.9%, compared to a 14% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesお知らせ • Jan 31+ 2 more updatesCiech S.A. to Report Q3, 2024 Results on Nov 15, 2024Ciech S.A. announced that they will report Q3, 2024 results on Nov 15, 2024お知らせ • Nov 09Ki Chemistry S.à R.L. completed the acquisition of remaining 22.3% stake in Ciech S.A. (WSE:CIE).Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million on September 18, 2023. KI Chemistry intends to acquire up to 11.75 million shares in CIECH for PLN 54.25 offer per share representing approximately 22.3% of the company's share capital and thus increase its share to 100%. Acceptance of sales offers starts on September 18, 2023 and will last until September 25, 2023. The expected date of settlement of the transaction and purchase of shares is September 28, 2023. If the transaction settles the threshold of at least 95% of the total number of votes at the general meeting of CIECH, KI Chemistry intends to carry out a compulsory buyout of shares belonging to the remaining shareholders, and then delist the company's shares from stock exchange trading. As on September 29, 2023, Ki Chemistry has bought 14.75% of Ciech through the regulated market. Ki Chemistry now holds 92.45%. Ki Chemistry S.à R.L. completed the acquisition of remaining 22.3% stake in Ciech S.A. (WSE:CIE) on November 7, 2023. KI Chemistry announced a procedure of squeeze-out of minority shareholders after owning 2.41 million of shares or 4.57% in Ciech. The compulsory squeeze-out will be launched on November 7, 2023 with the redemption date set on November 17, 2023.お知らせ • Oct 18KI Chemistry One Step Closer to Delisting CiechThe minority shareholders of Ciech S.A. have sold 2.98% of Ciech shares to KI Chemistry, a unit of the Kulczyk Investments group controlled by Sebastian Kulczyk. Following the transactions, KI Chemistry's share in Ciech's share capital has increased from 92.45% to 95.43%, as a result of which the company has reaffirmed its intention to proceed with the squeeze-out and then delist Ciech from the Warsaw Stock Exchange (GPW).お知らせ • Oct 01KI Chemistry Plans to Withdraw Ciech from the Warsaw Stock ExchangeKI Chemistry, a company from Kulczyk Investments Group which owns 92.45% of Ciech shares, intends to withdraw the chemical company from the Warsaw Stock Exchange (GPW). Minority shareholders will have another opportunity to sell their shares to a strategic investor for PLN 54.25 each under the share sale invitation announced on September 29, 2023. Sales offers will be accepted from October 4, 2023 to October 10, 2023. In case KI Chemistry reaches a threshold of at least 95% of the total number of votes at the General Meeting of Ciech S.A. as a result of the transaction settlement, KI Chemistry plans to conduct a compulsory buyout of shares belonging to the remaining shareholders.お知らせ • Sep 20Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million.Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million on September 18, 2023. KI Chemistry intends to acquire up to 11.75 million shares in CIECH for PLN 54.25 offer per share representing approximately 22.3% of the company's share capital and thus increase its share to 100%. Acceptance of sales offers starts on September 18 and will last until September 25. The expected date of settlement of the transaction and purchase of shares is September 28, 2023. If the transaction settles the threshold of at least 95% of the total number of votes at the general meeting of CIECH, KI Chemistry intends to carry out a compulsory buyout of shares belonging to the remaining shareholders, and then delist the company's shares from stock exchange trading.お知らせ • Jun 23Ciech Chemicals Shareholders Approve Additional Dividend, Payable on July 17, 2023Ciech chemicals shareholders approved an additional dividend payout at PLN 5.75 DPS on top of PLN 1.5 in already paid advance dividend. The decision is in line with an earlier offer to minority shareholders by leading shareholder KI Chemistry. Rights to the dividend will be set on June 27 and the payment will be made on July 17.お知らせ • May 27Ciech S.A., Annual General Meeting, Jun 22, 2023Ciech S.A., Annual General Meeting, Jun 22, 2023, at 16:00 Central European Standard Time.お知らせ • May 26+ 1 more updateCiech Announces Board ChangesCiech appointed Marcin Puziak as a new management board member, following resignation of Jaroslaw Romanowski.お知らせ • Feb 16Kulczyk Investment Group Moots Plan to Delist Ciech from the Warsaw Stock ExchangeKulczyk Investment Group announced a plan on February 13 to run a tender offer to increase its share in chemical producer Ciech S.A. (WSE:CIE) from the current 51% to 100% and delist the company from the Warsaw Stock Exchange. The plan will be carried out via Ciech's key shareholder Ki Chemistry S.à R.L., which is owned by Kulczyk Investment Group. KI Chemistry said that it plans to buy 25.7 million Ciech shares at PLN 49 (€10.26) per share. Ciech shares surged 7.2% to PLN 51 at the end of the day's trading on February 13. At midday of February 14, the company's stocks were down 0.29% to PLN 50.85. KI Chemistry said in a statement that it plans to announce the tender offer in the first half of March.Price Target Changed • Feb 15Price target increased by 11% to zł50.20Up from zł45.36, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of zł51.15. Stock is up 18% over the past year. The company is forecast to post earnings per share of zł8.65 for next year compared to zł4.37 last year.分析記事 • Jan 24There Are Reasons To Feel Uneasy About Ciech's (WSE:CIE) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Major Estimate Revision • Jan 22Consensus EPS estimates increase by 43%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from zł5.22b to zł5.32b. EPS estimate increased from zł6.16 to zł8.82 per share. Net income forecast to grow 23% next year vs 1.9% decline forecast for Chemicals industry in Poland. Consensus price target broadly unchanged at zł45.36. Share price rose 6.5% to zł46.54 over the past week.お知らせ • Jan 20+ 3 more updatesCiech S.A. to Report Q3, 2023 Results on Nov 16, 2023Ciech S.A. announced that they will report Q3, 2023 results on Nov 16, 2023Buying Opportunity • Dec 15Now 22% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be zł53.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 2.9% per annum. Earnings is also forecast to decline by 9.9% per annum over the same time period.Upcoming Dividend • Dec 14Upcoming dividend of zł1.50 per shareEligible shareholders must have bought the stock before 21 December 2022. Payment date: 29 December 2022. Trailing yield: 7.1%. Lower than top quartile of Polish dividend payers (8.6%). Lower than average of industry peers (8.7%).分析記事 • Dec 01Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 30Third quarter 2022 earnings released: EPS: zł1.62 (vs zł0.79 in 3Q 2021)Third quarter 2022 results: EPS: zł1.62 (up from zł0.79 in 3Q 2021). Revenue: zł1.41b (up 82% from 3Q 2021). Net income: zł85.3m (up 105% from 3Q 2021). Profit margin: 6.1% (up from 5.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Europe are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł4.66b to zł5.14b. EPS estimate unchanged from zł6.16 at last update. Chemicals industry in Poland expected to see average net income growth of 2.8% next year. Consensus price target down from zł48.62 to zł44.88. Share price rose 3.4% to zł35.50 over the past week.分析記事 • Nov 12Need To Know: Analysts Are Much More Bullish On Ciech S.A. (WSE:CIE) RevenuesCelebrations may be in order for Ciech S.A. ( WSE:CIE ) shareholders, with the analysts delivering a significant...Price Target Changed • Nov 05Price target decreased to zł46.18Down from zł51.89, the current price target is an average from 5 analysts. New target price is 33% above last closing price of zł34.80. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of zł5.77 for next year compared to zł4.37 last year.分析記事 • Sep 02Is Ciech S.A. (WSE:CIE) Trading At A 42% Discount?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Ciech S.A. ( WSE:CIE...Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: zł0.85 (vs zł0.29 in 2Q 2021)Second quarter 2022 results: EPS: zł0.85 (up from zł0.29 in 2Q 2021). Revenue: zł1.24b (up 48% from 2Q 2021). Net income: zł44.9m (up 194% from 2Q 2021). Profit margin: 3.6% (up from 1.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.0%, compared to a 13% growth forecast for the Chemicals industry in Poland. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.分析記事 • Jul 21At zł38.50, Is Ciech S.A. (WSE:CIE) Worth Looking At Closely?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a decent share price growth in the teens level...Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł38.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Chemicals industry in Europe. Total loss to shareholders of 3.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł58.38 per share.Reported Earnings • May 20First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: zł1.98 (down from zł2.18 in 1Q 2021). Revenue: zł1.24b (up 44% from 1Q 2021). Net income: zł104.3m (down 9.0% from 1Q 2021). Profit margin: 8.4% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 9.0%, compared to a 17% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 27Price target increased to zł49.25Up from zł45.85, the current price target is an average from 5 analysts. New target price is 21% above last closing price of zł40.56. Stock is up 0.8% over the past year. The company is forecast to post earnings per share of zł4.63 for next year compared to zł4.37 last year.Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł3.78b to zł4.52b. EPS estimate unchanged from zł4.63 at last update. Chemicals industry in Poland expected to see average net income growth of 12% next year. Consensus price target up from zł45.85 to zł49.25. Share price fell 3.7% to zł40.56 over the past week.分析記事 • Apr 22Growth Investors: Industry Analysts Just Upgraded Their Ciech S.A. (WSE:CIE) Revenue Forecasts By 19%Shareholders in Ciech S.A. ( WSE:CIE ) may be thrilled to learn that the analysts have just delivered a major upgrade...Price Target Changed • Apr 21Price target increased to zł49.25Up from zł45.85, the current price target is an average from 6 analysts. New target price is 17% above last closing price of zł42.10. Stock is up 12% over the past year. The company is forecast to post earnings per share of zł3.93 for next year compared to zł4.37 last year.Major Estimate Revision • Apr 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł3.78b to zł4.52b. EPS estimate unchanged from zł4.63 at last update. Chemicals industry in Poland expected to see average net income growth of 11% next year. Consensus price target up from zł42.70 to zł45.86. Share price fell 5.4% to zł42.10 over the past week.Reported Earnings • Mar 31Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: zł5.55 (up from zł2.36 in FY 2020). Revenue: zł3.46b (up 16% from FY 2020). Net income: zł292.4m (up 135% from FY 2020). Profit margin: 8.5% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.9%, compared to a 14% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.分析記事 • Feb 24Estimating The Intrinsic Value Of Ciech S.A. (WSE:CIE)In this article we are going to estimate the intrinsic value of Ciech S.A. ( WSE:CIE ) by taking the forecast future...Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to zł35.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Chemicals industry in Europe. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł45.06 per share.Buying Opportunity • Feb 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be zł45.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.0% per annum over the last 3 years. Earnings per share has grown by 12% per annum over the last 3 years.分析記事 • Jan 24Is Now An Opportune Moment To Examine Ciech S.A. (WSE:CIE)?While Ciech S.A. ( WSE:CIE ) might not be the most widely known stock at the moment, it saw a decent share price growth...Reported Earnings • Nov 28Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2021 results: EPS: zł0.79 (up from zł0.70 in 3Q 2020). Revenue: zł772.1m (up 12% from 3Q 2020). Net income: zł41.6m (up 13% from 3Q 2020). Profit margin: 5.4% (in line with 3Q 2020). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 11%. Earnings per share (EPS) surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 5.5%, compared to a 17% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.分析記事 • Oct 23Is Now An Opportune Moment To Examine Ciech S.A. (WSE:CIE)?While Ciech S.A. ( WSE:CIE ) might not be the most widely known stock at the moment, it saw significant share price...Price Target Changed • Sep 24Price target increased to zł47.41Up from zł42.53, the current price target is an average from 5 analysts. New target price is 9.5% above last closing price of zł43.30. Stock is up 66% over the past year.Reported Earnings • Sep 24Second quarter 2021 earnings released: EPS zł0.29 (vs zł0.082 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł834.7m (up 21% from 2Q 2020). Net income: zł15.3m (up zł19.8m from 2Q 2020). Profit margin: 1.8% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.分析記事 • Sep 21A Look At The Fair Value Of Ciech S.A. (WSE:CIE)Today we will run through one way of estimating the intrinsic value of Ciech S.A. ( WSE:CIE ) by taking the expected...分析記事 • Sep 04Ciech (WSE:CIE) Might Be Having Difficulty Using Its Capital EffectivelyDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Price Target Changed • Aug 01Price target increased to zł46.51Up from zł42.53, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of zł47.85. Stock is up 56% over the past year.Upcoming Dividend • Jun 22Upcoming dividend of zł3.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 08 July 2021. Trailing yield: 6.3%. Within top quartile of Polish dividend payers (5.9%). Higher than average of industry peers (2.3%).分析記事 • Jun 09Is There Now An Opportunity In Ciech S.A. (WSE:CIE)?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a significant share price rise of over 20% in...Reported Earnings • May 28First quarter 2021 earnings released: EPS zł2.18 (vs zł0.77 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł861.1m (up 9.1% from 1Q 2020). Net income: zł114.6m (up 197% from 1Q 2020). Profit margin: 13% (up from 4.9% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.分析記事 • May 27Ciech (WSE:CIE) Use Of Debt Could Be Considered RiskyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • May 14Estimating The Fair Value Of Ciech S.A. (WSE:CIE)Today we will run through one way of estimating the intrinsic value of Ciech S.A. ( WSE:CIE ) by estimating the...Reported Earnings • Apr 25Full year 2020 earnings released: EPS zł2.36 (vs zł2.02 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: zł2.98b (down 8.2% from FY 2019). Net income: zł124.4m (up 17% from FY 2019). Profit margin: 4.2% (up from 3.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.分析記事 • Apr 05Returns On Capital Signal Tricky Times Ahead For Ciech (WSE:CIE)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...分析記事 • Mar 18If You Had Bought Ciech's (WSE:CIE) Shares Five Years Ago You Would Be Down 50%While not a mind-blowing move, it is good to see that the Ciech S.A. ( WSE:CIE ) share price has gained 19% in the last...Is New 90 Day High Low • Mar 05New 90-day high: zł35.80The company is up 20% from its price of zł29.95 on 04 December 2020. The Polish market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł40.35 per share.分析記事 • Mar 02What Does Ciech S.A.'s (WSE:CIE) Share Price Indicate?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a decent share price growth in the teens level...分析記事 • Feb 16Ciech S.A.'s (WSE:CIE) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?Most readers would already be aware that Ciech's (WSE:CIE) stock increased significantly by 13% over the past three...分析記事 • Feb 03Is There An Opportunity With Ciech S.A.'s (WSE:CIE) 26% Undervaluation?How far off is Ciech S.A. ( WSE:CIE ) from its intrinsic value? Using the most recent financial data, we'll take a look...分析記事 • Jan 18What Is The Ownership Structure Like For Ciech S.A. (WSE:CIE)?A look at the shareholders of Ciech S.A. ( WSE:CIE ) can tell us which group is most powerful. Insiders often own a...Is New 90 Day High Low • Jan 07New 90-day high: zł35.05The company is up 31% from its price of zł26.75 on 09 October 2020. The Polish market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł45.03 per share.分析記事 • Jan 05Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Dec 23Should You Use Ciech's (WSE:CIE) Statutory Earnings To Analyse It?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...分析記事 • Dec 08How Much Did Ciech's(WSE:CIE) Shareholders Earn From Share Price Movements Over The Last Five Years?Generally speaking long term investing is the way to go. But that doesn't mean long term investors can avoid big...Major Estimate Revision • Dec 03Analysts lower EPS estimates to zł2.77The 2020 consensus revenue estimate was lowered from zł3.34b to zł3.16b. Earning per share (EPS) estimate was also lowered from zł3.51 to zł2.77 for the same period. Net income is expected to grow by 55% next year compared to 19% growth forecast for the Chemicals industry in Poland. The consensus price target was lowered from zł39.03 to zł38.53. Share price is down by 3.8% to zł30.00 over the past week.分析記事 • Nov 22What Do The Returns On Capital At Ciech (WSE:CIE) Tell Us?If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...Reported Earnings • Nov 20Third quarter 2020 earnings released: EPS zł0.70The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: zł690.5m (down 19% from 3Q 2019). Net income: zł37.0m (up zł36.1m from 3Q 2019). Profit margin: 5.4% (up from 0.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 71% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 20Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 8.4% while the growth in Chemicals industry in Poland is expected to stay flat.Is New 90 Day High Low • Nov 19New 90-day high: zł33.00The company is up 9.0% from its price of zł30.40 on 20 August 2020. The Polish market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł30.37 per share.Is New 90 Day High Low • Oct 14New 90-day low: zł25.75The company is down 20% from its price of zł32.00 on 16 July 2020. The Polish market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł26.18 per share.収支内訳Ciech の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史WSE:CIE 収益、費用、利益 ( )PLN Millions日付収益収益G+A経費研究開発費30 Sep 235,608368654030 Jun 235,854401623031 Mar 235,903520635031 Dec 225,415567590030 Sep 224,901283602030 Jun 224,267239559031 Mar 223,865210505031 Dec 213,484220472030 Sep 213,272224381030 Jun 213,191220370031 Mar 213,046198340031 Dec 202,976124344030 Sep 202,90699365030 Jun 202,98957383031 Mar 203,15985430031 Dec 193,242107435030 Sep 193,479-8433030 Jun 193,58724435031 Mar 193,660101421031 Dec 183,673112417030 Sep 183,664337439030 Jun 183,617395427031 Mar 183,567389417031 Dec 173,579393409030 Sep 173,525430404030 Jun 173,543500404031 Mar 173,527569402031 Dec 163,455594392030 Sep 163,362507359030 Jun 163,308469354031 Mar 163,282393349031 Dec 153,273343341030 Sep 153,245317360030 Jun 153,243238360031 Mar 153,216173361031 Dec 143,244135372030 Sep 143,234122360030 Jun 143,22295356031 Mar 143,22385346031 Dec 133,230151350030 Sep 133,254-20361030 Jun 133,293-45360031 Mar 133,316-1443750質の高い収益: CIEは 高品質の収益 を持っています。利益率の向上: CIEの現在の純利益率 (6.6%)は、昨年(5.8%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: CIEの収益は過去 5 年間で年間33.5%増加しました。成長の加速: CIEの過去 1 年間の収益成長率 ( 29.9% ) は、5 年間の平均 ( 年間33.5%を下回っています。収益対業界: CIEの過去 1 年間の収益成長率 ( 29.9% ) はChemicals業界4.7%を上回りました。株主資本利益率高いROE: CIEの 自己資本利益率 ( 14.4% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/02/03 14:00終値2023/11/06 00:00収益2023/09/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ciech S.A. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Kamil KliszczBiuro maklerskie mBankuWlodzimierz GillerCitigroup IncHenning EsskuchenErste Group Bank AG4 その他のアナリストを表示
お知らせ • Jan 31+ 2 more updatesCiech S.A. to Report Q3, 2024 Results on Nov 15, 2024Ciech S.A. announced that they will report Q3, 2024 results on Nov 15, 2024
お知らせ • Jan 20+ 3 more updatesCiech S.A. to Report Q3, 2023 Results on Nov 16, 2023Ciech S.A. announced that they will report Q3, 2023 results on Nov 16, 2023
Reported Earnings • Nov 30Third quarter 2022 earnings released: EPS: zł1.62 (vs zł0.79 in 3Q 2021)Third quarter 2022 results: EPS: zł1.62 (up from zł0.79 in 3Q 2021). Revenue: zł1.41b (up 82% from 3Q 2021). Net income: zł85.3m (up 105% from 3Q 2021). Profit margin: 6.1% (up from 5.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Europe are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: zł0.85 (vs zł0.29 in 2Q 2021)Second quarter 2022 results: EPS: zł0.85 (up from zł0.29 in 2Q 2021). Revenue: zł1.24b (up 48% from 2Q 2021). Net income: zł44.9m (up 194% from 2Q 2021). Profit margin: 3.6% (up from 1.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.0%, compared to a 13% growth forecast for the Chemicals industry in Poland. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • May 20First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: zł1.98 (down from zł2.18 in 1Q 2021). Revenue: zł1.24b (up 44% from 1Q 2021). Net income: zł104.3m (down 9.0% from 1Q 2021). Profit margin: 8.4% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 9.0%, compared to a 17% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 31Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: zł5.55 (up from zł2.36 in FY 2020). Revenue: zł3.46b (up 16% from FY 2020). Net income: zł292.4m (up 135% from FY 2020). Profit margin: 8.5% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.9%, compared to a 14% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Jan 31+ 2 more updatesCiech S.A. to Report Q3, 2024 Results on Nov 15, 2024Ciech S.A. announced that they will report Q3, 2024 results on Nov 15, 2024
お知らせ • Nov 09Ki Chemistry S.à R.L. completed the acquisition of remaining 22.3% stake in Ciech S.A. (WSE:CIE).Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million on September 18, 2023. KI Chemistry intends to acquire up to 11.75 million shares in CIECH for PLN 54.25 offer per share representing approximately 22.3% of the company's share capital and thus increase its share to 100%. Acceptance of sales offers starts on September 18, 2023 and will last until September 25, 2023. The expected date of settlement of the transaction and purchase of shares is September 28, 2023. If the transaction settles the threshold of at least 95% of the total number of votes at the general meeting of CIECH, KI Chemistry intends to carry out a compulsory buyout of shares belonging to the remaining shareholders, and then delist the company's shares from stock exchange trading. As on September 29, 2023, Ki Chemistry has bought 14.75% of Ciech through the regulated market. Ki Chemistry now holds 92.45%. Ki Chemistry S.à R.L. completed the acquisition of remaining 22.3% stake in Ciech S.A. (WSE:CIE) on November 7, 2023. KI Chemistry announced a procedure of squeeze-out of minority shareholders after owning 2.41 million of shares or 4.57% in Ciech. The compulsory squeeze-out will be launched on November 7, 2023 with the redemption date set on November 17, 2023.
お知らせ • Oct 18KI Chemistry One Step Closer to Delisting CiechThe minority shareholders of Ciech S.A. have sold 2.98% of Ciech shares to KI Chemistry, a unit of the Kulczyk Investments group controlled by Sebastian Kulczyk. Following the transactions, KI Chemistry's share in Ciech's share capital has increased from 92.45% to 95.43%, as a result of which the company has reaffirmed its intention to proceed with the squeeze-out and then delist Ciech from the Warsaw Stock Exchange (GPW).
お知らせ • Oct 01KI Chemistry Plans to Withdraw Ciech from the Warsaw Stock ExchangeKI Chemistry, a company from Kulczyk Investments Group which owns 92.45% of Ciech shares, intends to withdraw the chemical company from the Warsaw Stock Exchange (GPW). Minority shareholders will have another opportunity to sell their shares to a strategic investor for PLN 54.25 each under the share sale invitation announced on September 29, 2023. Sales offers will be accepted from October 4, 2023 to October 10, 2023. In case KI Chemistry reaches a threshold of at least 95% of the total number of votes at the General Meeting of Ciech S.A. as a result of the transaction settlement, KI Chemistry plans to conduct a compulsory buyout of shares belonging to the remaining shareholders.
お知らせ • Sep 20Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million.Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million on September 18, 2023. KI Chemistry intends to acquire up to 11.75 million shares in CIECH for PLN 54.25 offer per share representing approximately 22.3% of the company's share capital and thus increase its share to 100%. Acceptance of sales offers starts on September 18 and will last until September 25. The expected date of settlement of the transaction and purchase of shares is September 28, 2023. If the transaction settles the threshold of at least 95% of the total number of votes at the general meeting of CIECH, KI Chemistry intends to carry out a compulsory buyout of shares belonging to the remaining shareholders, and then delist the company's shares from stock exchange trading.
お知らせ • Jun 23Ciech Chemicals Shareholders Approve Additional Dividend, Payable on July 17, 2023Ciech chemicals shareholders approved an additional dividend payout at PLN 5.75 DPS on top of PLN 1.5 in already paid advance dividend. The decision is in line with an earlier offer to minority shareholders by leading shareholder KI Chemistry. Rights to the dividend will be set on June 27 and the payment will be made on July 17.
お知らせ • May 27Ciech S.A., Annual General Meeting, Jun 22, 2023Ciech S.A., Annual General Meeting, Jun 22, 2023, at 16:00 Central European Standard Time.
お知らせ • May 26+ 1 more updateCiech Announces Board ChangesCiech appointed Marcin Puziak as a new management board member, following resignation of Jaroslaw Romanowski.
お知らせ • Feb 16Kulczyk Investment Group Moots Plan to Delist Ciech from the Warsaw Stock ExchangeKulczyk Investment Group announced a plan on February 13 to run a tender offer to increase its share in chemical producer Ciech S.A. (WSE:CIE) from the current 51% to 100% and delist the company from the Warsaw Stock Exchange. The plan will be carried out via Ciech's key shareholder Ki Chemistry S.à R.L., which is owned by Kulczyk Investment Group. KI Chemistry said that it plans to buy 25.7 million Ciech shares at PLN 49 (€10.26) per share. Ciech shares surged 7.2% to PLN 51 at the end of the day's trading on February 13. At midday of February 14, the company's stocks were down 0.29% to PLN 50.85. KI Chemistry said in a statement that it plans to announce the tender offer in the first half of March.
Price Target Changed • Feb 15Price target increased by 11% to zł50.20Up from zł45.36, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of zł51.15. Stock is up 18% over the past year. The company is forecast to post earnings per share of zł8.65 for next year compared to zł4.37 last year.
分析記事 • Jan 24There Are Reasons To Feel Uneasy About Ciech's (WSE:CIE) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Major Estimate Revision • Jan 22Consensus EPS estimates increase by 43%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from zł5.22b to zł5.32b. EPS estimate increased from zł6.16 to zł8.82 per share. Net income forecast to grow 23% next year vs 1.9% decline forecast for Chemicals industry in Poland. Consensus price target broadly unchanged at zł45.36. Share price rose 6.5% to zł46.54 over the past week.
お知らせ • Jan 20+ 3 more updatesCiech S.A. to Report Q3, 2023 Results on Nov 16, 2023Ciech S.A. announced that they will report Q3, 2023 results on Nov 16, 2023
Buying Opportunity • Dec 15Now 22% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be zł53.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 2.9% per annum. Earnings is also forecast to decline by 9.9% per annum over the same time period.
Upcoming Dividend • Dec 14Upcoming dividend of zł1.50 per shareEligible shareholders must have bought the stock before 21 December 2022. Payment date: 29 December 2022. Trailing yield: 7.1%. Lower than top quartile of Polish dividend payers (8.6%). Lower than average of industry peers (8.7%).
分析記事 • Dec 01Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 30Third quarter 2022 earnings released: EPS: zł1.62 (vs zł0.79 in 3Q 2021)Third quarter 2022 results: EPS: zł1.62 (up from zł0.79 in 3Q 2021). Revenue: zł1.41b (up 82% from 3Q 2021). Net income: zł85.3m (up 105% from 3Q 2021). Profit margin: 6.1% (up from 5.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Europe are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł4.66b to zł5.14b. EPS estimate unchanged from zł6.16 at last update. Chemicals industry in Poland expected to see average net income growth of 2.8% next year. Consensus price target down from zł48.62 to zł44.88. Share price rose 3.4% to zł35.50 over the past week.
分析記事 • Nov 12Need To Know: Analysts Are Much More Bullish On Ciech S.A. (WSE:CIE) RevenuesCelebrations may be in order for Ciech S.A. ( WSE:CIE ) shareholders, with the analysts delivering a significant...
Price Target Changed • Nov 05Price target decreased to zł46.18Down from zł51.89, the current price target is an average from 5 analysts. New target price is 33% above last closing price of zł34.80. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of zł5.77 for next year compared to zł4.37 last year.
分析記事 • Sep 02Is Ciech S.A. (WSE:CIE) Trading At A 42% Discount?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Ciech S.A. ( WSE:CIE...
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: zł0.85 (vs zł0.29 in 2Q 2021)Second quarter 2022 results: EPS: zł0.85 (up from zł0.29 in 2Q 2021). Revenue: zł1.24b (up 48% from 2Q 2021). Net income: zł44.9m (up 194% from 2Q 2021). Profit margin: 3.6% (up from 1.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.0%, compared to a 13% growth forecast for the Chemicals industry in Poland. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
分析記事 • Jul 21At zł38.50, Is Ciech S.A. (WSE:CIE) Worth Looking At Closely?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a decent share price growth in the teens level...
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł38.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Chemicals industry in Europe. Total loss to shareholders of 3.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł58.38 per share.
Reported Earnings • May 20First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: zł1.98 (down from zł2.18 in 1Q 2021). Revenue: zł1.24b (up 44% from 1Q 2021). Net income: zł104.3m (down 9.0% from 1Q 2021). Profit margin: 8.4% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 9.0%, compared to a 17% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 27Price target increased to zł49.25Up from zł45.85, the current price target is an average from 5 analysts. New target price is 21% above last closing price of zł40.56. Stock is up 0.8% over the past year. The company is forecast to post earnings per share of zł4.63 for next year compared to zł4.37 last year.
Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł3.78b to zł4.52b. EPS estimate unchanged from zł4.63 at last update. Chemicals industry in Poland expected to see average net income growth of 12% next year. Consensus price target up from zł45.85 to zł49.25. Share price fell 3.7% to zł40.56 over the past week.
分析記事 • Apr 22Growth Investors: Industry Analysts Just Upgraded Their Ciech S.A. (WSE:CIE) Revenue Forecasts By 19%Shareholders in Ciech S.A. ( WSE:CIE ) may be thrilled to learn that the analysts have just delivered a major upgrade...
Price Target Changed • Apr 21Price target increased to zł49.25Up from zł45.85, the current price target is an average from 6 analysts. New target price is 17% above last closing price of zł42.10. Stock is up 12% over the past year. The company is forecast to post earnings per share of zł3.93 for next year compared to zł4.37 last year.
Major Estimate Revision • Apr 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł3.78b to zł4.52b. EPS estimate unchanged from zł4.63 at last update. Chemicals industry in Poland expected to see average net income growth of 11% next year. Consensus price target up from zł42.70 to zł45.86. Share price fell 5.4% to zł42.10 over the past week.
Reported Earnings • Mar 31Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: zł5.55 (up from zł2.36 in FY 2020). Revenue: zł3.46b (up 16% from FY 2020). Net income: zł292.4m (up 135% from FY 2020). Profit margin: 8.5% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.9%, compared to a 14% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
分析記事 • Feb 24Estimating The Intrinsic Value Of Ciech S.A. (WSE:CIE)In this article we are going to estimate the intrinsic value of Ciech S.A. ( WSE:CIE ) by taking the forecast future...
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to zł35.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Chemicals industry in Europe. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł45.06 per share.
Buying Opportunity • Feb 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be zł45.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.0% per annum over the last 3 years. Earnings per share has grown by 12% per annum over the last 3 years.
分析記事 • Jan 24Is Now An Opportune Moment To Examine Ciech S.A. (WSE:CIE)?While Ciech S.A. ( WSE:CIE ) might not be the most widely known stock at the moment, it saw a decent share price growth...
Reported Earnings • Nov 28Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2021 results: EPS: zł0.79 (up from zł0.70 in 3Q 2020). Revenue: zł772.1m (up 12% from 3Q 2020). Net income: zł41.6m (up 13% from 3Q 2020). Profit margin: 5.4% (in line with 3Q 2020). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 11%. Earnings per share (EPS) surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 5.5%, compared to a 17% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
分析記事 • Oct 23Is Now An Opportune Moment To Examine Ciech S.A. (WSE:CIE)?While Ciech S.A. ( WSE:CIE ) might not be the most widely known stock at the moment, it saw significant share price...
Price Target Changed • Sep 24Price target increased to zł47.41Up from zł42.53, the current price target is an average from 5 analysts. New target price is 9.5% above last closing price of zł43.30. Stock is up 66% over the past year.
Reported Earnings • Sep 24Second quarter 2021 earnings released: EPS zł0.29 (vs zł0.082 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł834.7m (up 21% from 2Q 2020). Net income: zł15.3m (up zł19.8m from 2Q 2020). Profit margin: 1.8% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
分析記事 • Sep 21A Look At The Fair Value Of Ciech S.A. (WSE:CIE)Today we will run through one way of estimating the intrinsic value of Ciech S.A. ( WSE:CIE ) by taking the expected...
分析記事 • Sep 04Ciech (WSE:CIE) Might Be Having Difficulty Using Its Capital EffectivelyDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Price Target Changed • Aug 01Price target increased to zł46.51Up from zł42.53, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of zł47.85. Stock is up 56% over the past year.
Upcoming Dividend • Jun 22Upcoming dividend of zł3.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 08 July 2021. Trailing yield: 6.3%. Within top quartile of Polish dividend payers (5.9%). Higher than average of industry peers (2.3%).
分析記事 • Jun 09Is There Now An Opportunity In Ciech S.A. (WSE:CIE)?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a significant share price rise of over 20% in...
Reported Earnings • May 28First quarter 2021 earnings released: EPS zł2.18 (vs zł0.77 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł861.1m (up 9.1% from 1Q 2020). Net income: zł114.6m (up 197% from 1Q 2020). Profit margin: 13% (up from 4.9% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
分析記事 • May 27Ciech (WSE:CIE) Use Of Debt Could Be Considered RiskyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • May 14Estimating The Fair Value Of Ciech S.A. (WSE:CIE)Today we will run through one way of estimating the intrinsic value of Ciech S.A. ( WSE:CIE ) by estimating the...
Reported Earnings • Apr 25Full year 2020 earnings released: EPS zł2.36 (vs zł2.02 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: zł2.98b (down 8.2% from FY 2019). Net income: zł124.4m (up 17% from FY 2019). Profit margin: 4.2% (up from 3.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 05Returns On Capital Signal Tricky Times Ahead For Ciech (WSE:CIE)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
分析記事 • Mar 18If You Had Bought Ciech's (WSE:CIE) Shares Five Years Ago You Would Be Down 50%While not a mind-blowing move, it is good to see that the Ciech S.A. ( WSE:CIE ) share price has gained 19% in the last...
Is New 90 Day High Low • Mar 05New 90-day high: zł35.80The company is up 20% from its price of zł29.95 on 04 December 2020. The Polish market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł40.35 per share.
分析記事 • Mar 02What Does Ciech S.A.'s (WSE:CIE) Share Price Indicate?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a decent share price growth in the teens level...
分析記事 • Feb 16Ciech S.A.'s (WSE:CIE) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?Most readers would already be aware that Ciech's (WSE:CIE) stock increased significantly by 13% over the past three...
分析記事 • Feb 03Is There An Opportunity With Ciech S.A.'s (WSE:CIE) 26% Undervaluation?How far off is Ciech S.A. ( WSE:CIE ) from its intrinsic value? Using the most recent financial data, we'll take a look...
分析記事 • Jan 18What Is The Ownership Structure Like For Ciech S.A. (WSE:CIE)?A look at the shareholders of Ciech S.A. ( WSE:CIE ) can tell us which group is most powerful. Insiders often own a...
Is New 90 Day High Low • Jan 07New 90-day high: zł35.05The company is up 31% from its price of zł26.75 on 09 October 2020. The Polish market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł45.03 per share.
分析記事 • Jan 05Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Dec 23Should You Use Ciech's (WSE:CIE) Statutory Earnings To Analyse It?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...
分析記事 • Dec 08How Much Did Ciech's(WSE:CIE) Shareholders Earn From Share Price Movements Over The Last Five Years?Generally speaking long term investing is the way to go. But that doesn't mean long term investors can avoid big...
Major Estimate Revision • Dec 03Analysts lower EPS estimates to zł2.77The 2020 consensus revenue estimate was lowered from zł3.34b to zł3.16b. Earning per share (EPS) estimate was also lowered from zł3.51 to zł2.77 for the same period. Net income is expected to grow by 55% next year compared to 19% growth forecast for the Chemicals industry in Poland. The consensus price target was lowered from zł39.03 to zł38.53. Share price is down by 3.8% to zł30.00 over the past week.
分析記事 • Nov 22What Do The Returns On Capital At Ciech (WSE:CIE) Tell Us?If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Reported Earnings • Nov 20Third quarter 2020 earnings released: EPS zł0.70The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: zł690.5m (down 19% from 3Q 2019). Net income: zł37.0m (up zł36.1m from 3Q 2019). Profit margin: 5.4% (up from 0.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 71% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 20Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 8.4% while the growth in Chemicals industry in Poland is expected to stay flat.
Is New 90 Day High Low • Nov 19New 90-day high: zł33.00The company is up 9.0% from its price of zł30.40 on 20 August 2020. The Polish market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł30.37 per share.
Is New 90 Day High Low • Oct 14New 90-day low: zł25.75The company is down 20% from its price of zł32.00 on 16 July 2020. The Polish market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł26.18 per share.